Belarusian Potash Company raises prices for exports to Sri Lanka
Belarusian Potash Company raised the prices for the deliveries of potash fertilizers to Sri Lanka by $50 up to $550 per tonne, BelTA was told in the public relations department of the company.
“Winning a tender to supply potassium fertilizers to Sri-Lanka enabled BPC to raise the prices for the products of the Belarusian and Russian potash companies exported to Southeast Asia, the company said. After winning the tender the company concluded several new contracts to supply potassium fertilizers to Indonesia and Malaysia at the price of $550 per tonne. Overall volume of supplies to these three South-East Asian countries amount to 100,000 tonnes.
A reminder, in December 2007 the Belarusian Potash Company announced a $100 increase in the prices for Southeast Asia markets up to $500 per tonne. According to the company’s general director Vladimir Nikolaenko, the demand for potash fertilizers is strong, with the deficit remaining high and being estimated at 1.5 to 2 million tonnes. In 2008, the prices will continue growing as the output will edge up a little.
Belarusian Potash Company is an exclusive supplier of potash fertilizers produced by Belaruskalii and the Russia’s Uralkalii to the international market. The company sells its products to Africa, Europe, India, China, the USA, the Pacific region, Central and South America. The company has a well-developed distribution network and representative offices in Beijing (China), New Delhi (India), Singapore, San Paulo (Brazil) and Chicago (USA).
